In Calculating GDP, Economists Use the Value of Final Goods

question 121

Multiple Choice

In calculating GDP, economists use the value of final goods and services because

• A)GDP is underestimated if intermediate goods are used instead.
• B)intermediate goods are imported from other countries.
• C)final goods can be exported to other countries.
• D)final goods and services do not depreciate.
• E)by using final goods and services, they avoid double counting.